SocialPicks Sentiment:
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This Quarter's Sentiment:
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You have nothing to lose and everything to gain. Join us today @ http://migre.me/9cOTZ
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As Jim Cramer would say Booya....or is it Boohoo? Really Jimbob, that was one of the worst calls of all time. Things aren't as bad as the seem they are worse!
This is no doubt a historic weekend. Merrill sold (at an amazing price), Lehman folds, AIG begging for Fed access. This is the bottom r...
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I'm waiting at least another quarter to start bargain hunting.
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Take-up of new offices in the City of London has fallen to its lowest for more than 20 years as the slowdown in the economy has reined in financial services businesses from expanding and moving to new buildings.
There has been just 220,000 sq ft of new occupied space in the Square Mile since the b...
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We are in the midst of a credit melt down. If you don't believe it just turn on a tv , pick up a paper, or get your head out of the sand. Face it, the financial system as you know it is over. The financial markets are seized. If you don't think this affects you you're mistaken. We will see more b...
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Lehman is going bankrupt and Merrill's going to be sold. Do people still think that you should be dipping your toes in financials?
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I honestly don't understand why anyone would want to try to bottom pick MER. I think it could easily go the way of Bear Stearns or at best get slammed more like LEH
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MER rallied with the rest of the financials and looked like it was ready to bust a bigger move until the market just rolled over and played DEAD! I would not want to be long this one through earnings. Bottoms? I doubt it,,,yet!
Michael "Waxie" Parness
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Lets make money! I welcome all posters but like the ones who don't agree with me.
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This is no bottom. This is only the beginning of the correction. The CDS unwind is going to have a major impact and where the damage stops is impossible to tell. CDS exposure is massive (everyone has exposure). The market is going to throw the baby out with the bathwater and even the good stocks ...
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